Portsmouth South MP Mike Hancock denies he is standing to claim ‘golden goodbye’

Portsmouth South MP Mike Hancock
Portsmouth South MP Mike Hancock

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MIKE Hancock has dismissed ‘ridiculous’ rumours that he is only standing again to qualify for a golden goodbye.

The current Portsmouth South MP, who quit the Liberal Democrats and is standing as an independent, laughed off suggestions he has announced his intention to retain the seat in order to access the MPs’ resettlement grant.

The grants are supposed to provide financial assistance to MPs leaving politics – whether they step down or lose their seat in an election – and the amount is based on final salary, age and length of service.

Mr Hancock said: ‘That is absolutely ridiculous.’

As reported, Gerald Vernon-Jackson, the Liberal Democrat prospective parliamentary candidate for the Portsmouth South seat, says his former friend and party colleague ‘doesn’t stand a chance’ of winning and believes it is a two-horse race between himself and Conservative Flick Drummond.